Britain’s annual inflation rate was unchanged at 3.0 percent in February, official data showed Wednesday ahead of an expected jump as the Middle East war has sent oil prices surging.

The head of the International Energy Agency (IEA) said Wednesday that he was “ready” to approve the release of more oil reserves if needed to cushion the impact of the Middle East war on global supplies.

Currency markets took a breather on Wednesday, with traders cautious over US President Donald Trump’s efforts to bring an end to the war with Iran.

The Western allies trying to negotiate a way to protect the Strait of Hormuz for energy shipping face a stark reality: a similar effort in the Red Sea that started years earlier cost billions of dollars and ultimately failed against Yemen’s Houthis.

Disruptions to fertiliser supplies caused by the Middle East war pose a double threat to global food security through scarcity and high prices, a top World Trade Organization official has warned.

Countries across Asia are weighing up work-from-home policies and stimulus measures enforced during the Covid pandemic, as they scramble to respond to global fuel shortages triggered by the Iran war.

Each bhori of gold costs Tk 2.41 lakh today, down from around Tk 2.77 lakh on March 3

Countries across Asia are weighing up work-from-home policies and stimulus measures enforced during the Covid pandemic, as they scramble to respond to global fuel shortages triggered by the Iran war.

The Western allies trying to negotiate a way to protect the Strait of Hormuz for energy shipping face a stark reality: a similar effort in the Red Sea that started years earlier cost billions of dollars and ultimately failed against Yemen's Houthis

Jet fuel prices have soared from $85-$90 per barrel to $150-$200 per barrel in recent days for an industry where fuel accounts for up to a quarter of operating expenses.

China’s leading state-owned banks are expected to recover this year from record-low profit margins as the repricing of ​nearly $8 trillion worth of maturing high-priced time deposits eases pressure on their funding costs.

A top US official in President Donald Trump’s government sought to reassure fears about the oil market Monday as war raged on in the Middle East, but industry leaders remain wary.

Vietnam’s national air carrier will suspend nearly two dozen domestic flights a week starting next month because of limited fuel supplies caused by the Mideast war, the nation’s aviation authority said.

Philippine President Ferdinand Marcos declared a state of “national energy emergency” on Tuesday, citing risks to the domestic fuel supply and energy stability created by the Middle East war.

Oil rose on Tuesday as the world’s ‌biggest supply disruption persisted and as Iran denied it had talks with the US to end the war in the Gulf, contradicting US President Donald Trump who said a deal could be reached soon.

India’s Reliance Industries, operator of the world’s biggest refining complex, has purchased 5 million ​barrels of Iranian crude, days after the US temporarily removed sanctions on ‌the oil, three sources familiar with the matter said on Tuesday.

The dollar regained some ground on Tuesday as investors remained sceptical of a swift ​resolution to the war in the Middle East, even though US President Donald Trump delayed the bombing of Iranian power stations and ‌energy infrastructure.

Business activity in the eurozone slowed in March after the war in the Middle East drove energy prices higher and disrupted global supply chains, a closely watched survey showed Tuesday.

Gold prices steadied on Tuesday after ​falling nearly 2 percent earlier in the session, as investors weighed conflicting signals on ‌a potential de-escalation in the US-Israeli war on Iran, and its impact on the outlook for inflation and interest rates.

The Bangladesh Association of Pharmaceutical Industries (BAPI) will organise two expos from March 29-31